RHK 0.67% 74.0¢ red hawk mining limited

fmg / fms, page-4

  1. 303 Posts.
    Buckland--I think the deal with FMG and FMS relates to the area adjacent to FMS E47882,that being E471306 dealed to FMG in exchange for 100% diamond rights to total area known as Serenity,the western side of Solomon. The royalty is payable when FMG get around to mining E471306,which appears to be some years down the track.

    FYI.BCI had a Company presentation on 25/10 which shows a graph on Enterprise Value per tonne,page 18.
    FMS is low number at under 30c/t,GWR at 84c,which is industry average for explorers,BRM $1.10,CAZ $1.20 etc etc. Plenty of value in FMS just waiting to be tapped.

    good luck tap
 
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